Cross subsidies and competition in the water industry (2008-2009)

Nic led a research project to provide analysis of cross subsidies and the relationship between costs and prices in the England and Wales water industry, and how the introduction of new forms of competition might affect the structure of prices.

The project was commissioned by two concurrent Government-sponsored reviews of the water industry: the independent review of competition and innovation in water markets, led by Professor Martin Cave, and the independent review of household charging, led by Anna Walker.